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Marina CMI [18]
3 years ago
5

You are currently getting 26 sales opportunities per day and closing 64% of them. Employee: Wow, I am closing __________ sales o

pportunities per day!
Business
1 answer:
VikaD [51]3 years ago
7 0

Answer:

The correct word for the blank space is: 16.

Explanation:

Percentages represent part of a number. The result could be higher or lower than the original number. Percentages are calculated by multiplying the original number for the amount of the percentage desired and dividing that preliminary result by one hundred (100).

Thus, in the example:

Sales closed per day = (Sale opportunities) x (percentage of sales closed)  

Sales closed per day = 26 x 64%

Sales closed per day = 26 x (64/100)

Sales closed per day = 16,64

As sales cannot be fractioned, the sales closed per day are 16.

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Which problem is more likely to affect a partnership than a corporation?
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Answer:

D

Explanation:

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Specialization of labor results in the production of large quantities of a product.a. trueb. false
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Answer: True

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Specialization also allows businesses to take advantage of economies of scale, which means that for many goods, as the level of production increases, the average cost of producing each individual unit declines.

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6 0
3 years ago
Lawn Chopper Company sells two types of lawn mowers. The first one is a basic lawn mower, which has variable costs of $50 and se
Temka [501]

Answer:

See below

Explanation:

Breakven even point is computed as

= Fixed costs / ( Sales price per unit - Variable costs per unit)

For basic lawn mower, Given that;

Fixed cost = $5,000,000

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Variable costs per unit = $50

BEP = $500,000 / ($150 - $50)

BEP = $500,000 / $100

BEP = 5,000 units

For Riding tractor, given that;

Fixed costs = $500,000

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Variable cost per unit = $500

BEP = $500,000 / ($1,500 - $500)

BEP = $500,000 / $1,000

BEP = 500 units

It therefore means that 5,000 units of basic Lawn mower must be sold to break even, while 500 units of riding tractor must be sold to break even.

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3 years ago
A company is concerned about the number of customers that have to wait for service in their customer service department. Assume
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Answer:

E) None of these

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Mean time between arrivals = 1/Arrival rate

Let plug in the formula

Mean time between arrivals= 1/12

Mean time between arrivals= 0.0833 hours or 5 minutes

Therefore the Mean time between arrivals will be 0.0833 hours or 5 minutes

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